Amid 50 years of crises, Australian property prices power on
From the 1970s oil crunch to the 2020s' pandemic, global shocks have repeatedly rattled financial markets, yet over the past five decades property prices have consistently risen in the years following major crises.
In the darkest hours of international uncertainty and conflict, Australian property has enjoyed relatively smooth seas. (Image source: GreenOak/Shutterstock.com)
‘The times they are a-changing’- yes, these are Bob Dylan’s words from one of his most famous songs.
But they’re resonating on a whole other scale at the moment, with global markets feeling the sentiment closely right now.
The most recent conflict in the Middle East has injected a fresh wave of uncertainty into financial markets.
Share markets are swinging up and down; analysts are debating whether inflation will surge again; and others are sp…
